Hon Hai Precision Industry Co (TPE:2317) Total Inventories : NT$730,765 Mil (As of Dec. 2023)

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What is Hon Hai Precision Industry Co Total Inventories?

Hon Hai Precision Industry Co's total inventories for the quarter that ended in Dec. 2023 was NT$730,765 Mil. Hon Hai Precision Industry Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was NT$751,529 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hon Hai Precision Industry Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$-5.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hon Hai Precision Industry Co's Days Inventory for the three months ended in Dec. 2023 was 39.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hon Hai Precision Industry Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.31.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Hon Hai Precision Industry Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.

Hon Hai Precision Industry Co Total Inventories Historical Data

The historical data trend for Hon Hai Precision Industry Co's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hon Hai Precision Industry Co Total Inventories Chart

Hon Hai Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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515,772.18

582,113.74

672,145.37

939,022.05

730,765.40

Hon Hai Precision Industry Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															939,022.05	813,156.93	758,844.90	772,292.91	730,765.40

Hon Hai Precision Industry Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Hon Hai Precision Industry Co (TPE:2317) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Hon Hai Precision Industry Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1350077.671	+	0.75 * 872270.163	+	0.5 * 730765.401	-	2253545.331
-	0	-	193134.544)	/	13861.5
=	-5.56

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hon Hai Precision Industry Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	751529.1555	/	1738789.844	*	365 / 4
	=	39.44

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Hon Hai Precision Industry Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1738789.844	/	751529.1555
	=	2.31

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Hon Hai Precision Industry Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	751529.1555	/	1852072.177
	=	0.41

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Hon Hai Precision Industry Co Total Inventories Related Terms

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Hon Hai Precision Industry Co (TPE:2317) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hon Hai Precision Industry Co Ltd (TPE:2317) » Definitions » Total Inventories

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Traded in Other Exchanges

HNHPF:USA HHPDl:UK HHPD:UK HHP2:Germany

Address

No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236

Website

https://www.foxconn.com

Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

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